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Retirement or D...

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  • Question 1
    1 / -0

    Decrease in liability at the time of retirement of partner is ________.

  • Question 2
    1 / -0

    A, B & C partners in a firm sharing profits losses in the ratio of 4:3:2. B decided to retire from the firm. Calculate the new profit sharing ratio of A & C if B gives his share to A & C in the original ratio of A & C. 

  • Question 3
    1 / -0

    A, B & C are partners sharing profits and losses in the ratio of 3:2:1. B retired from the firm. What is the gain ratio of the partners A and C?

  • Question 4
    1 / -0

    P, Q and R share profit and losses in the ratio of 4:3:2 respectively. Q retires and P and R decided to share future profits and losses in the ratio of 5:3. Then immediately H is admitted of 3/10 shares of profits half of which was gifted by P and remaining shares was taken by H equally form P and R. Calculate the new profit sharing ratio after H's admission and gain ratio of P and R. 

  • Question 5
    1 / -0

    A, B & C partners sharing profits losses in the ratio of 4:3:2. B decided to retire from the firm. Calculate the new profit sharing ratio of A & C if B gives his share to A & C in ratio of 3:1.

  • Question 6
    1 / -0

    X, Y & Z are partners sharing profits and losses in the ratio of 3:2:1. Y retired from the firm. New profit sharing ratio between X & Z is 5:3. What is the gain ratio of the partners X & Z?

  • Question 7
    1 / -0

    A, B & C are sharing profits in 4:3:2 ratio. B retires. If A & C shares profits of B in 5:3, then find the new profit sharing ratio. 

  • Question 8
    1 / -0

    Decrease in assets at the time of retirement of partner is _________.

  • Question 9
    1 / -0

    Increase in assets at the time of retirement of partner is _______.

  • Question 10
    1 / -0

    A, B & C partners in a firm sharing profits, losses in the ratio of 4:3:2. B decided to retire from the firm. Calculate the new profit sharing ratio of A and C if B gives his share to A only.

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